alex
@proxystudio.eth
we are gonna see a lot of cabaltech type products autofollow list presale - only big accounts get to buy first, can dump whenever
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STV G🎩
@0xstvg
This is why @juicebox is so important. Launch a meme with backing that is locked. The meme can never go below a certain price and your eth is always there to redeem.
2 replies
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1 reaction
alex
@proxystudio.eth
juicebox is cool but this really only works before an open, liquid market exists no risk, no reward
2 replies
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matthewb.eth
@matthewb
nah, you can leave x% in the project always accessible to token holders and launch an LP alongside. not mutually exclusive. a few reasons this model isn’t popular: - open sale, no way to bundle/snipe - less profitable for the person launching the coin, requires leaving part of the raise for redemptions - you need to trust the project creator to launch the LP, no one has built a contract-managed JB that auto-deploys a pool (yet)
1 reply
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STV G🎩
@0xstvg
People made a lot of money in constitution dao. That eth is still locked in the juicebox. Over 4k eth. If people token ever gets back that low and you’re holding you can get your eth back
1 reply
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